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Not Invented Here? Innovation in Company Towns

Agrawal, Ajay K. - 2009

locations. In 12 of these areas, innovation is particularly concentrated in a single, large firm; we refer to such locations as …

Persistent link: https://www.econbiz.de/10012463212

Mega Firms and Recent Trends in the U.S. Innovation : Empirical Evidence from the U.S. Patent Data

Braginskij, Sergej V.; Choi, Joonkyu; Ding, Yuheng; Jo, … - National Bureau of Economic Research - 2023

We use the U.S. patent data merged with firm-level datasets to establish new facts about the role of mega firms in generating "novel patents"--innovations that introduce new combinations of technology components for the first time. While the importance of mega firms in novel patents had been...

Persistent link: https://www.econbiz.de/10014322847

Invention Value, Inventive Capability and the Large Firm Advantage

Arora, Ashish; Cohen, Wesley M.; Lee, Honggi; … - National Bureau of Economic Research - 2022

Do large firms produce more valuable inventions, and if so, why? After confirming that large firms indeed produce more valuable inventions, we consider two possible sources: a superior ability to invent, or a superior ability to extract value from their inventions. We develop a simple model that...

Persistent link: https://www.econbiz.de/10013362008

How Do Top Acquirers Compare in Technology Mergers? New Evidence from an S&P Taxonomy

Jin, Ginger Zhe; Leccese, Mario; Wagman, Liad - National Bureau of Economic Research - 2022

Some argue that large platforms, such as Alphabet/Google, Amazon, Apple, Facebook and Microsoft (or GAFAM), are unusual in their number, pace and concentration of technology mergers, with the potential to harm market competition. Using a unique taxonomy developed by S&P Global Market...

Persistent link: https://www.econbiz.de/10012814417

Dynamic Commercialization Strategies for Disruptive Technologies : Evidence from the Speech Recognition Industry

Marx, Matt - 2013

When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance … commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively …

Persistent link: https://www.econbiz.de/10012458899

Killing the Golden Goose? The Decline of Science in Corporate R&D

Arora, Ashish - 2015

Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …

Persistent link: https://www.econbiz.de/10012457764

The Reorganization of Inventive Activity in the United States during the Early Twentieth Century

Lamoreaux, Naomi R. - 2009

The standard view of U.S. technological history is that the locus of invention shifted during the early twentieth century to large firms whose in-house research laboratories were superior sites for advancing the complex technologies of the second industrial revolution. In recent years this view...

Persistent link: https://www.econbiz.de/10012463209

Firm Scope and Spillovers from New Product Innovation : Evidence from Medical Devices

Grennan, Matthew - 2018

policy, due to their potential to foreclose competition and affect innovation incentives. We exploit major new product …

Persistent link: https://www.econbiz.de/10012480835

Research and/or Development? Financial Frictions and Innovation Investment

Mezzanotti, Filippo; Simcoe, Timothy S. - National Bureau of Economic Research - 2023

disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …

Persistent link: https://www.econbiz.de/10014337755

Intellectual Property Rights and Access to Innovation : Evidence from TRIPS

Kyle, Margaret - 2014

We examine the effect of pharmaceutical patent protection on the speed of drug launch, price, and quantity in 60 countries from 2000-2013. The World Trade Organization required its member countries to implement a minimum level of patent protection within a specified time period as part of the...

Persistent link: https://www.econbiz.de/10012457867